PPP Loan information for Precision machining services inc

$619,508

Precision machining services inc was initially approved for PPP Loan of amount $619,508, the current approved amount is $619,508. The loan was approved on 01/21/2021 by The Builtwell Bank reported 69 jobs and $619,508 was used to fund payroll.

Precision machining services inc is Existing or more than 2 years old

PPP Loan Search / TN / Chattanooga / Precision machining services inc

PRECISION MACHINING SERVICES INC

Date Approved

01/21/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PRECISION MACHINING SERVICES INC

Borrower Address

1009 Pineville Rd

Borrower City

Chattanooga

Borrower State

TN

Borrower Zip

37405-2631

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

619507.72

Current Approval Amount

619507.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chattanooga

Project County Name

HAMILTON

Project State

TN

Project Zip

37405-2631

CD

TN-03

Jobs Reported

69

NAICS Code

336419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

619505.72

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

622846.18

Forgiveness Date

08/10/2021

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